The Limited Use of Cloud for Procure-to-Pay

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In early 2015, APQC conducted a survey to learn what plans companies have for modernizing aspects of their procure-to-pay process. The primary focus of the survey was on indirect spending. Although the use of cloud systems for procurement and invoicing holds great appeal for businesses of all sizes, the survey results indicate that a vast majority of organizations do not currently use cloud-based technology for the procure-to-pay process.